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Topic: Bidders for US Marshalls Auction leaked by US Marshalls (Read 4827 times)

legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
Apparently it's 37 people and they are not all bidders. Anyone that has asked a question appears on the list.

No. Because they replied with a PDF of FAQs and that was not one of the questions...

Could you link to that document?

http://www.usmarshals.gov/assets/2014/bitcoins/faqs.pdf

Quote
This is a sealed bid auction. You will not have the opportunity to view other bids. You will not have the opportunity to change your bid once submitted.

Thanks I was misinformed then but it does make me wonder on this part

2
5.
Can I make multiple bids?

A bid form allows you to bid on multiple blocks for the same price.

For example, you may place a bid for $X per bitcoin for 5 blocks from Series A. The total bid price in this example would be$X * 3,000 bitcoins * 5 blocks.
This counts as one bid.A single bid form does not allow you to submit multiple bids at varying prices. For example, you may not submit one bid for $X for 1 block from Series A, and $Y for 1 block from Series A.

If you wish to submit multiple bids at varying prices, you will need to submit multiple bid forms. For each bid form, you must submit
a $200,000 deposit. In addition, you must show funds available to cover the aggregate amount of all anticipated bids.

So if you want to bid a few times at different prices for blocks you need more than one form lol.

legendary
Activity: 2156
Merit: 1070
Apparently it's 37 people and they are not all bidders. Anyone that has asked a question appears on the list.
So this means all of them could simply be asking if they could send a really low ball offer, just in case. "Hey I'll buy all of the coins for 10% of their value." "Is there a volume discount?" Why not?

It also means they could be asking if they should bid 200% of value  Roll Eyes
legendary
Activity: 2324
Merit: 1125
Apparently it's 37 people and they are not all bidders. Anyone that has asked a question appears on the list.
So this means all of them could simply be asking if they could send a really low ball offer, just in case. "Hey I'll buy all of the coins for 10% of their value." "Is there a volume discount?" Why not?

No. Because they replied with a PDF of FAQs and that was not one of the questions...

Could you link to that document?

http://www.usmarshals.gov/assets/2014/bitcoins/faqs.pdf

Thank you.

These people are fucking stupid:

Quote
This is a sealed bid auction. You will not have the opportunity to view other bids. You will not have the opportunity to change your bid once submitted.
sr. member
Activity: 378
Merit: 250
Super Smash Bros. Ultimate Available Now!
Apparently it's 37 people and they are not all bidders. Anyone that has asked a question appears on the list.
So this means all of them could simply be asking if they could send a really low ball offer, just in case. "Hey I'll buy all of the coins for 10% of their value." "Is there a volume discount?" Why not?

No. Because they replied with a PDF of FAQs and that was not one of the questions...

Could you link to that document?

http://www.usmarshals.gov/assets/2014/bitcoins/faqs.pdf
legendary
Activity: 2324
Merit: 1125
Apparently it's 37 people and they are not all bidders. Anyone that has asked a question appears on the list.
So this means all of them could simply be asking if they could send a really low ball offer, just in case. "Hey I'll buy all of the coins for 10% of their value." "Is there a volume discount?" Why not?

No. Because they replied with a PDF of FAQs and that was not one of the questions...

Could you link to that document?
sr. member
Activity: 378
Merit: 250
Super Smash Bros. Ultimate Available Now!
Apparently it's 37 people and they are not all bidders. Anyone that has asked a question appears on the list.
So this means all of them could simply be asking if they could send a really low ball offer, just in case. "Hey I'll buy all of the coins for 10% of their value." "Is there a volume discount?" Why not?

No. Because they replied with a PDF of FAQs and that was not one of the questions...
hero member
Activity: 703
Merit: 502
Apparently it's 37 people and they are not all bidders. Anyone that has asked a question appears on the list.
So this means all of them could simply be asking if they could send a really low ball offer, just in case. "Hey I'll buy all of the coins for 10% of their value." "Is there a volume discount?" Why not?

or some of them could genuinely wish to acquire 30,000 coins and appreciate that buying them in the open market, on an exchange they are able to use (basically just Stamp) in a short timeframe, will cost them a lot more than paying say $650 a coin.
hero member
Activity: 728
Merit: 500
Apparently it's 37 people and they are not all bidders. Anyone that has asked a question appears on the list.
So this means all of them could simply be asking if they could send a really low ball offer, just in case. "Hey I'll buy all of the coins for 10% of their value." "Is there a volume discount?" Why not?
legendary
Activity: 1610
Merit: 1004
The name that caught my eye was Fred Ehrsam's.

As the ultimate insider who can see the market with as perfect vision as any, I consider his desire to buy large quantities of coins as extremely bullish.

I think everybody needs to put this all in perspective...

Go back 12 months and this list would be a rag tag bunch of crypto trolls & holders thats about it

That list looks pretty mainstreet investment city to me  Tongue

Yes. If you ask me this "leak" just seems too easy to be a simple accident. By dropping all those names the USMS want to maximize the price they get for those bitcoins and the make others know there will be serious money coming to the table
hero member
Activity: 574
Merit: 500
The name that caught my eye was Fred Ehrsam's.

As the ultimate insider who can see the market with as perfect vision as any, I consider his desire to buy large quantities of coins as extremely bullish.

I think everybody needs to put this all in perspective...

Go back 12 months and this list would be a rag tag bunch of crypto trolls & holders thats about it

That list looks pretty mainstreet investment city to me  Tongue
legendary
Activity: 1764
Merit: 1002
The name that caught my eye was Fred Ehrsam's.

As the ultimate insider who can see the market with as perfect vision as any, I consider his desire to buy large quantities of coins as extremely bullish.
legendary
Activity: 2156
Merit: 1070
So overall, pretty bearish news.. considering the lack of interested parties and lack of variety in them (most of them already BTC related)

Lol. Seriously? Ok.
hero member
Activity: 518
Merit: 500
In reply to YogoH, I'm not an expert in the law. I suppose it's down to local jurisdiction of who seizes the assets. I was just wondering if this sale was ethical. If the marshals had said they were gonna donate the proceeds to addiction/homeless charity I could see that as a more positive end than profiteering from crimes that were committed on a global scale.



where do you get the idea that the government needs to abide by ethics...

http://www.archives.gov/exhibits/charters/constitution_transcript.html
 Grin
sr. member
Activity: 336
Merit: 250
In reply to YogoH, I'm not an expert in the law. I suppose it's down to local jurisdiction of who seizes the assets. I was just wondering if this sale was ethical. If the marshals had said they were gonna donate the proceeds to addiction/homeless charity I could see that as a more positive end than profiteering from crimes that were committed on a global scale.



where do you get the idea that the government needs to abide by ethics...
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
Wait, so all of these bidders (51?) have made the 200k deposit? Then I suppose its not so bad. I was thinking only a half or so actually bid and the rest were "interested"

Nope. It's purely a CC to people who emailed enquiries about the auction, nothing more. A fella on Reddit who asked them a question received the same email.
member
Activity: 111
Merit: 10
Bankers and lawyers on the list. UGH!  Angry
legendary
Activity: 896
Merit: 1000
Wait, so all of these bidders (51?) have made the 200k deposit? Then I suppose its not so bad. I was thinking only a half or so actually bid and the rest were "interested"
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
So overall, pretty bearish news.. considering the lack of interested parties and lack of variety in them (most of them already BTC related)

I only went off the ones in this article apparently there are 37 more interested parties
Think it was 51 total so if you think about the deposit needed being 200,000 for this auction

There is a current escrow of 10 million two hundred thousand dollars right now and that is before the bidding even begins  Cool

And it's not really escrow as the selling party is holding it. This is when the FBI runs off with $10.2M Tongue

Considering they are selling blocks of 300 BTC at this price they would be better off selling the coins than running away with the chump change.
Now if they said the escrow was a non-refundable deposit to enter this auction that would have been a good steal ^_^.

So overall, pretty bearish news.. considering the lack of interested parties and lack of variety in them (most of them already BTC related)
There are some new multibillion dollar players in there, too. Good news IMHO.

Similar sentiment these coins will not be underbid with that many interested parties with the exception of collusion amongst them lol.
legendary
Activity: 889
Merit: 1013
So overall, pretty bearish news.. considering the lack of interested parties and lack of variety in them (most of them already BTC related)
There are some new multibillion dollar players in there, too. Good news IMHO.
legendary
Activity: 2324
Merit: 1125
So overall, pretty bearish news.. considering the lack of interested parties and lack of variety in them (most of them already BTC related)

I only went off the ones in this article apparently there are 37 more interested parties
Think it was 51 total so if you think about the deposit needed being 200,000 for this auction

There is a current escrow of 10 million two hundred thousand dollars right now and that is before the bidding even begins  Cool

And it's not really escrow as the selling party is holding it. This is when the FBI runs off with $10.2M Tongue
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